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enCRCrossword puzzle for GA-FBLA NS15
Banking Crisis : a loss of confidence in the banking system that leads to a run on banks, as individuals and companies withdraw their deposits
International Business : Refers to business activities needed for creating, shipping, and selling goods and services across national borders, also called foreign or world trade
Exports : Goods an services sold to other countries
Comparative Advantage : A situation in which a country specializes in the production of a good or a service at which it is relatively more efficient
Administrative Trade Policies : administrative policies that can be used to restrict imports or boost exports
Andean Pact : a 1969 agreement between Bolivia, Chile, Ecuador, Columbia, and Peru to establish a customs union
Domestic Business : The making, buying, and selling, of goods within a country
Absolute Advantage : Exists when a country can produce a good or service at a lower cost than other countries
Imports : Items bought from other countries
Barter : Barter the direct exchange of goods or services between two parties without a cash transaction
Bill of Exchange : An order written by an exporter instructing an importer, or an importer's agent, to pay a specified amount of money at a specified time.
Currency Crisis : Currency Crisis Occurs when a speculative attack on the exchange value of a currency results in a sharp depreciation in the value of the currency or forces authorities to expend large volumes of international currency reserves and sharply increase interest rates to defend the prevailing exchange rate.
Bill of Lading : A document issued to an exporter by a common carrier transporting merchandise. It serves as a receipt, a contract, and a document of title.
Controlling Interest : A firm has a controlling interest in another business entity when it owns more than 50 percent of that entity's voting stock.
Eurocurrency : Any currency banked outside its country of origin.
Currency Speculation : Involves short-term movement of funds from one currency to another in hopes of profiting from shifts in exchange rates.
Foreign Debt Crisis : Situation in which a country cannot service its foreign debt obligations, whether private-sector or government debt
Current Account Surplus : The current account of the balance of payments is in surplus when a country exports more goods and services than it imports.
European Monetary System : EU system designed to create a zone of monetary stability in Europe, control inflation, and coordinate exchange rate policies of EU countries.
Factors of Production : Inputs into the productive process of a firm, including labor, management, land, capital, and technological know-how.
Fixed Rate Bond : Offers a fixed set of cash payoffs each year until maturity, when the investor also receives the face value of the bond in cash.

Crossword puzzle for GA-FBLA NS

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2

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A

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N

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9

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Across:

2.

a 1969 agreement between Bolivia, Chile, Ecuador, Columbia, and Peru to establish a customs union

4.

A situation in which a country specializes in the production of a good or a service at which it is relatively more efficient

7.

Situation in which a country cannot service its foreign debt obligations, whether private-sector or government debt

10.

Barter the direct exchange of goods or services between two parties without a cash transaction

12.

A document issued to an exporter by a common carrier transporting merchandise. It serves as a receipt, a contract, and a document of title.

13.

Goods an services sold to other countries

14.

Any currency banked outside its country of origin.

Down:

1.

Inputs into the productive process of a firm, including labor, management, land, capital, and technological know-how.

3.

Currency Crisis Occurs when a speculative attack on the exchange value of a currency results in a sharp depreciation in the value of the currency or forces authorities to expend large volumes of international currency reserves and sharply increase interest rates to defend the prevailing exchange rate.

4.

A firm has a controlling interest in another business entity when it owns more than 50 percent of that entity's voting stock.

5.

EU system designed to create a zone of monetary stability in Europe, control inflation, and coordinate exchange rate policies of EU countries.

6.

An order written by an exporter instructing an importer, or an importer's agent, to pay a specified amount of money at a specified time.

8.

Involves short-term movement of funds from one currency to another in hopes of profiting from shifts in exchange rates.

9.

Exists when a country can produce a good or service at a lower cost than other countries

11.

a loss of confidence in the banking system that leads to a run on banks, as individuals and companies withdraw their deposits

a 1969 agreement between Bolivia, Chile, Ecuador, Columbia, and Peru to establish a customs union

4.

A situation in which a country specializes in the production of a good or a service at which it is relatively more efficient

7.

Situation in which a country cannot service its foreign debt obligations, whether private-sector or government debt

10.

Barter the direct exchange of goods or services between two parties without a cash transaction

12.

A document issued to an exporter by a common carrier transporting merchandise. It serves as a receipt, a contract, and a document of title.

13.

Goods an services sold to other countries

14.

Any currency banked outside its country of origin.

Down:

1.

Inputs into the productive process of a firm, including labor, management, land, capital, and technological know-how.

3.

Currency Crisis Occurs when a speculative attack on the exchange value of a currency results in a sharp depreciation in the value of the currency or forces authorities to expend large volumes of international currency reserves and sharply increase interest rates to defend the prevailing exchange rate.

4.

A firm has a controlling interest in another business entity when it owns more than 50 percent of that entity's voting stock.

5.

EU system designed to create a zone of monetary stability in Europe, control inflation, and coordinate exchange rate policies of EU countries.

6.

An order written by an exporter instructing an importer, or an importer's agent, to pay a specified amount of money at a specified time.

8.

Involves short-term movement of funds from one currency to another in hopes of profiting from shifts in exchange rates.

9.

Exists when a country can produce a good or service at a lower cost than other countries

11.

a loss of confidence in the banking system that leads to a run on banks, as individuals and companies withdraw their deposits